内容摘要：Here are five takeaways from an election which saw the Conservative opposition make major gains but still lose.

Here are five takeaways from an election which saw the Conservative opposition make major gains but still lose.

Over at the Bank of England, the lack of retaliation and acceptance of diverted goods from Asia are among the reasons that inflation is now rising more gently, which has enabled today's interest rate cut with more to come.The Governor Andrew Bailey told me that he hoped the deal would mark the first of many which would calm global trade tensions.

The real win here could be that this agreement on tariffs will keep the US sweet whilst leaving the door open to a substantive deal with the European Union.By maintaining UK food standards and not, for example, accepting hormone treated beef or chlorinated chicken, a "full fat" food and farm export deal with the EU, similar to Switzerland's, is now clearly on the cards in the next fortnight. This could slash post Brexit red tape for key exporters both ways.Then you have an overall picture of a growing economy, with good trade relations with the US, EU, India and soon the Gulf too, with rates being cut.

The Government will try to project the UK as an oasis of trade and political stability in a tumultuous world, after years of turmoil. It is a world away from the recessionary negativity at the turn of the year, and it might just work.An MP has warned that poultry farmers are leaving the industry because they find it "near impossible" to get insurance for bird flu outbreaks.

The virus led to millions of infected birds being culled between 2021 and 2023.

In a debate in Parliament, Labour's South Norfolk MP Ben Goldsborough asked the government to consider creating its own insurance scheme for farmers who could not get cover.The fire was reported at about 18:30 BST on Thursday and rapidly spread through a former aircraft hangar at the site.

Ten fire and rescue crews were called to tackle the blaze as witnesses reported seeing black smoke in the sky.The cause of the fire is not yet known.

Bicester Motion is home to more than 50 specialist businesses, focused on classic car restoration and engineering on the former site of RAF Bicester.It was home to RAF Bomber Command in World War Two and became redundant in 2004.